Common use of Rights of Pledgor in the Collateral Clause in Contracts

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Lender shall be paid immediately to Lender and shall be retained by Lender as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of Lender, promptly, and in any case within one (1) business day, send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender notifies Pledgor that such Event of Default has ceased to exist) directly to Lender. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Lender Agent, for its benefit and the benefit of the Lenders, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of LenderAgent, promptly, and in any case within one (1) business day, send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to LenderAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Lender Purchaser, shall be paid immediately to Lender Purchaser and shall be retained by Lender Purchaser as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of LenderPurchaser, promptly, and in any case within one (1) business day, send a written notice to Company Issuer instructing CompanyIssuer, and shall cause CompanyIssuer, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Purchaser notifies Pledgor that such Event of Default has ceased to exist) directly to LenderPurchaser. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any an Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Loan Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Loan Documents shall be received by Pledgor in trust for Lender Agent, for its benefit and the benefit of the Lenders, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of LenderAgent, promptly, and in any case within one (1) business day, immediately send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to LenderAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Loan Documents, if any.

Rights of Pledgor in the Collateral. Until any an Event of Default occurs and is continuing under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Loan Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Loan Documents shall be received by Pledgor in trust for Lender Agent, for its benefit and the benefit of the Lenders, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of LenderAgent, promptly, and in any case within one (1) business day, immediately send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to LenderAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Loan Documents, if any.

Rights of Pledgor in the Collateral. Until any an Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Loan Documents. Any Subject to the Subordination Agreement, any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Loan Documents shall be received by Pledgor in trust for Lender the Lender, shall be paid immediately to the Lender and shall be retained by the Lender as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of the Lender, promptly, and in any case within one (1) business day, immediately send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as the Lender notifies Pledgor that such Event of Default has ceased to exist) directly to the Lender. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Loan Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Lender Agent, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, the Pledgor shall, at the written direction of Lenderthe Agent, promptly, and in any case within one (1) business day, immediately send a written notice to the Company instructing the Company, and shall cause the Company, to remit all cash and other distributions payable with respect to the Ownership Pledged Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to Lenderthe Agent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any So long as no Event of Default occurs has occurred and is continuing under this Agreement, each Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by such Pledgor in trust for Lender Agent, for its benefit and the benefit of the Lenders, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, each Pledgor shall, at the written direction of LenderAgent, promptly, and in any case within one (1) business day, immediately send a written notice to the applicable Company instructing such applicable Company, and shall cause such applicable Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies such Pledgor that such Event of Default has ceased to exist) directly to LenderAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Documents shall be received by Pledgor in trust for Lender Agent, for its benefit and the benefit of the Lenders, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, Pledgor shall, at the written direction of LenderAgent, promptly, and in any case within one (1) business day, immediately send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to LenderAgent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Documents, if any.

Rights of Pledgor in the Collateral. Until the occurrence and during the continuation of any Event of Default occurs under this Agreement, Pledgor shall be entitled to exercise all voting rights and to receive all dividends and other distributions that may be paid on any Collateral and that are not otherwise prohibited by the Financing Note Documents. Any cash dividend or distribution payable in respect of the Collateral that is, in whole or in part, a return of capital or that is made in violation of this Agreement or the Financing Note Documents shall be received by Pledgor in trust for Lender Agent, shall be paid immediately to Lender Agent and shall be retained by Lender Agent as part of the Collateral. Upon the occurrence and during the continuation of an Event of Default, the Pledgor shall, at the written direction of Lenderthe Agent, promptly, and in any case within one (1) business day, immediately send a written notice to Company instructing Company, and shall cause Company, to remit all cash and other distributions payable with respect to the Ownership Interests (until such time as Lender Agent notifies Pledgor that such Event of Default has ceased to exist) directly to Lenderthe Agent. Nothing contained in this paragraph shall be deemed to permit the payment of any sum or the making of any distribution which is prohibited by any of the Financing Note Documents, if any.